'The slowdown story is a complication' — Global stocks are down after central banks warn on growth

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Asian and European stocks and US futures fell on Thursday after central banks stoked growth fears and Theresa May agreed a six-month delay to Brexit.

Asian and European stocks and US futures fell on Thursday after central banks warned of a global economic slowdown and Brexit uncertainty looked set to linger for another six months.

Minutes from the US Federal Reserve's March meeting signaled the central bank would continue holding off on hiking interest rates. Global stock markets slid on Thursday after European and US central banks raised the prospect of a worldwide economic slowdown and the UK signed up for another six months of Brexit uncertainty.according to Bloomberg

Meanwhile, minutes from the US Federal Reserve's March meeting signaled the central bank would continue to hold off on hiking interest rates, given the prospect of a global slowdown in the next few years. Separately, US consumer prices increased by the most in 14 months in March,"Global central banks sitting tight [and] keeping a patient wait-and-see approach is a positive backdrop for stocks," said Jasper Lawler, head of research at London Capital Group."However...

 

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